Coral Lakes Homes for Sale

Coral Lakes is an age-restricted 55+ community in Boynton Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $199,900 to $625,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Coral Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Coral Lakes and the Boynton Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 28 Coral Lakes Boynton Beach homes for sale as of October 2026. The median asking price is $385,000. Asking prices run from $180,000 to $599,000.

That is 13% above the Boynton Beach median of $340,000. On a per-foot basis, homes here ask about $209 per square foot, compared with $238 across Boynton Beach. So the median price buys roughly 1,850 square feet of living area.

Listings here have averaged 68 days on the market. That is faster than the Boynton Beach average of 102 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Coral Lakes date from 1995 to 2001. That puts them between 25 and 31 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Coral Lakes is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Coral Lakes includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Rentals in Coral Lakes have a median asking rent of $3,100 per month, across 2 active rental listings. For comparison, the Boynton Beach median is $2,700, so rents here run 15% higher.

You can browse current Boynton Beach rentals or ask us for a rent estimate on a specific Coral Lakes home.

Here is what the median Coral Lakes price means in Florida closing terms. At $385,000, a 20% down payment comes to about $77,000, leaving a loan near $308,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,077. Next, the intangible tax of 0.2% adds about $615. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Coral Lakes median, that is about $2,692.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Coral Lakes listings show assignments to Hagen Road (elementary), Carver Community (middle) and Atlantic (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.